Dolly and her son, Jack, cannot compete with Farmer Fussbudget when it comes to business and worse still, he is their landlord. They have no money to pay the rent and are down to one cow – Magnesia. They have no option but to sell her to raise some money or they face being evicted. Jack and Fussbudget’s daughter Florence plan to marry but at present this is out of the question, due to lack of cash and Fussbudget’s objection to Jack.